Current Use by Public Records
- Theaters & concert halls
Property Details for 3105 Holbrook Ave
- Lot size
- 0.16 lot acres
- Property type
- Theaters & concert halls
- Property subtype
- Retail properties & Spaces
Description
This exceptional mixed-use property, located at 3105 Holbrook Ave in Hamtramck, Michigan, presents a unique investment opportunity. The 7,404 square foot building, constructed in an unknown year but extensively renovated in 2019, boasts a rich history and impressive features. The two-story, all-brick structure features a meticulously preserved first floor, including a vintage 1950s marble bar with new flooring, a phone booth, and a fully renovated office space. Upstairs, a stunning auditorium awaits, complete with original parquet wood flooring and an elevated stage. The basement offers ample storage, including an original walk-in safe. Exterior amenities include a fenced patio area and off-street parking for three vehicles. Recent upgrades include four new forced-air units, three ductless heating and cooling units, new air condensers (2012), electrical upgrades with new panels on all three floors, plumbing work (2013), two renovated barrier-free toilet rooms on the first floor, updated underbar equipment, new hot water heaters and utility sinks in the basement (2019), masonry tuckpointing (2019), and a new patio fence and electrical work (2021). The property sits on a 0.16-acre lot and is zoned C-2 Multi-Use District, offering considerable flexibility for future development. The asking price is $659,000, translating to $89.01 per square foot. This vacant building is ready for immediate occupancy and offers a blend of historical charm and modern functionality. The building's square footage is distributed as follows: 3,702 square feet on the first floor, 3,702 square feet on the second floor, and 2,386 square feet in the basement. The fenced patio adds an additional 2,400 square feet of usable space. The lot itself measures 7,284 square feet (71' x 104').
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamtramck
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0537
- Latitude
- 42.3947
